Shenzhen Kingkey Smart Agriculture TimesLtd Dividends and Buybacks
Dividend criteria checks 4/6
Shenzhen Kingkey Smart Agriculture TimesLtd is a dividend paying company with a current yield of 4.1% that is well covered by earnings.
Key information
4.1%
Dividend yield
-0.8%
Buyback Yield
| Total Shareholder Yield | 3.3% |
| Future Dividend Yield | 15.2% |
| Dividend Growth | 27.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.760 |
| Payout ratio | 18% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000048 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000048's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Shenzhen Kingkey Smart Agriculture TimesLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000048) | 4.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Real Estate) | 2.3% |
| Analyst forecast (000048) (up to 3 years) | 15.2% |
Notable Dividend: 000048's dividend (4.1%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 000048's dividend (4.1%) is in the top 25% of dividend payers in the CN market (2.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.2%), 000048's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.4%), 000048's dividend payments are covered by cash flows.